Bessemer Venture leads $3.5 mn seed round for SaaS billing start-up Zenskar

Zenskar's flexible billing platform enables SaaS firms to handle usage-based pricing, subscriptions, nuanced discounts, credits, custom currencies, prepaid, post-paid, and ramp deals

Zenskar, a flexible billing platform for SaaS companies, has raised $3.5 million in a seed funding round led by Bessemer Venture Partners, with participation from Shine Capital, Basecamp Fund and Converge.

Funds will be used by the firm to invest in engineering talent, accelerate product development and advance the company’s go-to-market initiatives.

“Our vision is to provide an integrated suite of financial products that seamlessly automates the entire quote-to-cash cycle, including CPQ, billing, accounting, receivables management, usage metering, analytics and forecasting. This round of funding provides us the fuel to accelerate our efforts as we embark on this ambitious journey,”